The siliconization of the timing industry began in earnest 15 years ago. Today MEMS (micro-electro-mechanical systems) timing companies have shipped over 2 billion units of silicon MEMS timing devices. They are used in 400+ applications from the most accurate wearables in the world, to 5G radios that operate in harsh environments, to automotive cameras that serve as the eyes of the mission critical ADAS systems.
During the 2006 economic downturn in Puerto Rico, many jobs were lost and people left the island. Fast forward to 2017 when Hurricane Maria made the problem even worse. People left the island in masses; and many didn’t come back. It’s often said that every Puerto Rican knows someone who died and someone who left as a result of the devastation.
Advancements in new technologies always assure to crop up with proficiency gains, high throughput and lower costs. When it comes to such advancements, the job for procurement is to have a clear understanding about how they function, what they are and what exactly they will make over for the greater cause of the business.